Upcoming IPO: 3 New SME & Mainboard IPO To Open For Subscription Next Week After Holi 2025 (March 17-25)

The Indian stock market is gearing up for new public offerings next week, with companies from both the mainboard and SME segments set to launch their IPOs. Meanwhile, the market closed on a flat note, with notable buying activity in the banking, automobile, and pharmaceutical sectors. At the close, the Sensex settled at 73,828.91, down 200.85 points (0.27%), while the Nifty 50 ended at 22,397.20. Investors keen on exploring new opportunities amid the market turmoil should take note of the upcoming IPOs scheduled for the week of March 17-25, 2025. Here's a detailed look at the companies launching their initial public offerings:

Mainboard IPO Next week

• Arisinfra Solutions Limited

Arisinfra Solutions Limited is all set to launch its mainboard IPO next week. The IPO will open for subscription on March 20th, 2025, and close on March 25th. This upcoming IPO is a fresh issue of 2.86 crores and will be listed on NSE and BSE on 28th March. However, the company has not yet announced the price band of the issue. The Arisinfra Solutions IPO is being managed by book-running lead managers JM Financial Limited, IIFL Securities Ltd, and Nuvama Wealth Management Limited.

SME IPO Next week

The SME segment will also see two new IPOs opening next week, offering opportunities for investors interested in smaller-cap stocks with growth potential.

• Divine Hira Jewellers Limited

Divine Hira Jewellers Limited, a jewelry retailer, is set to launch its IPO to expand its retail presence and enhance working capital. The IPO will open for subscription next week on Monday on March 17 and will close on March 19. The issue is priced at Rs. 90 per share and is an entirely fresh issue of 35.38 lakh shares worth 31.84 crores. The company has built a strong brand presence in the jewelry market and plans to use the raised funds for expansion and operational enhancements. The Divine Hira Jewellers IPO is expected to list on NSE SME on March 24, 2025.

• Paradeep Parivahan Limited

Paradeep Parivahan Limited, a logistics and transportation company, will also open its IPO for subscription on March 17 and will close on March 19. The Paradeep Parivahan IPO, which is an entirely fresh issue of 45.78 lakh shares worth Rs. 44.86 crore, is priced at Rs. 93 to Rs. 98 per share. The company specializes in freight services, offering logistics solutions across various industries. The funds raised will be used to expand its fleet, upgrade technology, and strengthen supply chain management. The allotment for the Paradeep Parivahan IPO is expected to be finalized on Thursday, March 20, 2025. The Paradeep Parivahan IPO will be listed on BSE SME with a tentative listing date fixed as Monday, March 24, 2025.